GreatStar Industrial to acquire Tesa Group for EUR 40 million

GreatStar Industrial announced plans to acquire Tesa Group, a Swiss high-precision measuring instrument manufacturer, from Hexagon Smart Solutions for EUR 40 million (USD 43.9 million) to enter the robotics parts processing machinery industry.

“With the acquisition of Tesa, GreatStar aims to tap into the micron-level high-precision measuring instrument market segment to improve its existing product portfolio.”yicaiglobal.com

• 1 source
• yicaiglobal.comChinese Electric Tool Maker GreatStar Inches Up on Plant to Buy Switzerland’s Tesa for USD44 MillionTang ShihuaDec 20, 2023

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